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Scientific Games and Hasbro Expand License Deal

Friday January 10,2014 : SCIENTIFIC GAMES AND HASBRO EXPAND GAME LICENSING DEAL
 
Agreements include the popular Monopoly brand.
 
Scientific Games Corporation and game designer and provider Hasbro, Inc. have expanded an earlier licensing agreement between the two companies to provide Scientific Games with access to new channels of distribution, additional brands and extended geographic territories.
 
The amendments expand the existing Scientific Games lottery and subsidiary WMS Gaming slot machine licence agreements to extend the brands to real-money internet wagering and to now include many Hasbro brands in social casino gaming channels of distribution.
 
The agreements feature a number of popular Hasbro brands, including Monopoly, one of the most well-recognised and successful licensed gaming entertainment brands in the world.
 
The duration of these licensing agreements has also been extended from 2017 through 2020, with a potential additional three-year extension.
 
"Expanding our licensing agreements and working more comprehensively with one of our most valued licensees allows us to build on our strong brand presence in the lottery and casino gaming world," said Mark Blecher, senior vice president, digital gaming at Hasbro.
 
"We've enjoyed a long and mutually rewarding relationship with both Scientific Games and WMS and their combination presents us with exciting opportunities as we centralize key brands with one licensee across multiple gaming distribution channels."
 
WMS and Scientific Games have independently held portfolio licensing agreements with Hasbro since 1997 and 2003, respectively.  The Monopoly brand has been the number one licensed brand in the lottery industry and has become among the top licensed brands in slot machines during the course of these licenses.
 
Under the expanded license agreements, Scientific Games has also secured the rights to licence seven additional Hasbro brands for its slot machine portfolio, and expanded the territories for its lottery licensing rights.
 
"We know the importance of convergence in today's marketing environment, so we are gratified to expand our relationship with Hasbro and leverage opportunities that will arise from employing Hasbro brands with strong consumer appeal across multiple channels simultaneously," said Steve Saferin, chief creative officer for Scientific Games.
 
"The acquisition of WMS has enabled Scientific Games to extend and expand its licenses with Hasbro and to create a one-stop solution for lottery, casino and online gaming for gaming operators."

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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